Brussels (Eurotoday) – Belgium’s Federal Debt Agency has announced that it collected €52.8 million through the new government bonds.
Belgium’s Federal Debt Agency operates the country’s public debt, including cash flow forecasts, financial market and service regulation, the Royal Mint of Belgium, and the Monetary Fund. The Debt Agency is tasked with public debt management. Its main goal is to minimise the financial costs linked to the federal debt, taking into account market and operational threats in line with the general objectives of the budgetary and monetary policy.
How much did Belgium raise from new government bonds?
Generally, the acquisition of state bonds permits people to lend money to the Belgian Government. After a specific period, the State pays back lenders for the initial loan at an agreed interest. As reported by the Nieuwsblad, Belgian Government bonds were issued for one and eight years. The one-year government bond was the most popular and generated more than 41 million euros. Approximately 11 million euros were expanded with the eight-year government bond.
Moreover, the new government bond generated a net of 1.54 per cent over one year, and a net of 1.96 per cent over eight years. With the government bond, which is normally given four times a year, the Debt Agency is targeting private investors. In September last year, the government collected almost 22 billion euros.
Comments
Last News
European Cross-Border Patient Rights Guide
For many patients, the practical question is simple: can treatment in an
Why Tensions Are Escalating Between Poland and Ukraine
Host Zoya Sheftalovich recently interviewed Irish Minister for European Affairs Thomas Byrne at a POLITICO event to explore what Dublin’s main priorities will be. His insights will feature on the show.
Additionally, Ukrainian President Volodymyr Zelenskyy might visit Polan
Britain’s Financial Sector Rebounds as Global Investment Confidence Restores
London, United Kingdom, June 21 – Eurotoday Newspaper — Global investment news continues to focus on Britain’s financial sector as new data suggests the industry has largely adapted to the post-Brexit environment. After years of uncertainty following the UK’s departure from the European Union, banks, insurers, investment firms, and financial technology companies are reporting renewed confidence
EU Leverages China Trade Pressure as a New Policy Instrument
Following warnings about industrial dependence, Brussels is preparing a diversification tool supported by EU leaders
The European Commission is transitioning from warnings to action on trade risks connected to China, planning a new diversification tool after EU leaders supported a stronger response to supply-chain reliance and economic disparities.
This marks a new stage in a discussion that has
France Restricts Public Drinking Amid Heatwave Impacting Music Festival Crowds
Trump-Iran Talks Continue Amid Warnings Exchanged in Switzerland
Geneva, Switzerland, June 21 – Brussels Morning Newspaper — Trump Iran talks remained in focus on Monday as U.S. and Iranian negotiators met in Switzerland while exchanging firm public warnings ahead of another round of diplomatic discussions. The latest Trump Iran talks are centered on nuclear issues, regional security, and the possibility of reducing tensions through continued negotiations. In
Balayan Puts Armenia on Brussels’ Civic Stage
H.E. Tigran Balayan, Ambassador of Armenia (left)
Tigran Balayan, Armenia’s ambassador in Brussels, serves as a key figure showcasing Yerevan’s evolving relationship with Europe. His efforts extend beyond official summits and security matters, emphasizing civic events, busi
Trump Criticizes Starmer as UK Prime Minister Nears Exit
Trump Claims Meloni Repeatedly Requested a Photo at G7 Amid Escalating Dispute
On Saturday, Trump revisited the Iran war dispute, criticizing Meloni for not allowing the U.S. to use Italy’s landing strips,
Leave a Reply